Silver Lake Resources Limited (OTCMKTS:SVLKF) Sees Large Increase in Short Interest

Silver Lake Resources Limited (OTCMKTS:SVLKF) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 2,496,900 shares, an increase of 26.0% from the March 31st total of 1,981,500 shares. Based on an average daily trading volume, of 33,800 shares, the days-to-cover ratio is currently 73.9 days.

Silver Lake Resources Stock Performance

Shares of OTCMKTS SVLKF opened at $0.98 on Tuesday. Silver Lake Resources has a fifty-two week low of $0.51 and a fifty-two week high of $0.98. The stock has a fifty day moving average of $0.81 and a 200-day moving average of $0.75.

About Silver Lake Resources

Silver Lake Resources Limited, together with its subsidiaries, engages in the exploration, mine development, mine operation, and sale of gold and copper concentrates in Australia and Canada. The company holds interest in the Deflector operations that produce gold bullion and gold-copper concentrates located in the Southern Murchison region of Western Australia; and Mount Monger operations, which produce gold bullion located within the Kalgoorlie terrane subdivision of the Eastern Goldfields Province.